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by PretzelPirate
752 days ago
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Are you talking about frontrunning? That happens in both blockchain-based trading systems as well as private systems, but on the blockchain it's easy to see that it's happening and what address is doing it (transparency). Anyone can frontrun on the blockchain, so it becomes a much more level playing field. Front running on the blockchain can also be combatted through various approaches like a commit and reveal scheme, but that slows down the market and hasn't been adopted widely |
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Bitcoin didn't solve any of this.